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Required information Use the following information for the Quick Study below. The following information applies to the questions displayed below. Park Co. is considering an
Required information Use the following information for the Quick Study below. The following information applies to the questions displayed below. Park Co. is considering an investment that requires immediate payment of $29,160 and provides expected cash inflows of $9,600 annually for four years. If Park Co. requires a 8% return on its investments QS 25-3 Internal rate of return LO P4 1-a. what is the internal rate of return? (PV0fS1. EVof$1, PVAofS1, and FVA0fS1) (Use appropriate factor(s) from the tables provided. Round your present value factor to 4 decimals.) Answer is not complete. Present value factor Internal rate of return
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